$130,000
●
Condo -
Off Market
850 Lorraine Road #3B
Wheaton, IL 60189
1 Bed
1 Bath
840 Ft²
$130,004
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model
About This Property
This condo, located in Wheaton, is beautifully updated and move-in
ready...plus this unit is one of the few that has a parking space
INSIDE the garage! Newer windows and sliding glass door that leads
out to your balcony are only some of the upgrades in this home. New
beautiful floors, paint and designer fixtures. The kitchen is
darling with a custom tile backsplash, a new sink, and new
appliances that stay. The living room is a great size and has lots
of natural light. There is a large bedroom and jack-n-jill bath
which was completely remodeled down to the new insulation behind
the new shower. New vanity, light fixture, new toilet and flooring.
There are 2 brand new window air conditioners too! There is newer
on-site laundry and locked storage space. This condo is close to
downtown Wheaton, great shopping and the interstate. Here is your
opportunity to be a part of Chateau Lorraine!
Unit Size
840 Ft²
Days on Market
-
Land Size
-
Price per sqft
$154
Property Type
Condo
Property Taxes
$220
HOA Dues
$285
Year Built
-
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 3 years ago (MRED MLS #11350888)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 17, 2022 | Sold | ||
| Sold | |||
| Mar 18, 2022 | Listed by RE/MAX Excels | $129,000 | |
| Listed by RE/MAX Excels | |||
Property Highlights
Garage
Elevator
Parking Details
Total Number of Parking: 1
Garage Spaces: 1
Garage Ownership: Owned
Garage On-Site: Yes
Garage Type: Attached
Interior Details
Bedrooms: 1
Bathrooms: 1
Full Bathrooms: 1
Appliances: Range, Dishwasher, Refrigerator
Rooms: 4
Basement: None
Basement Description: None
Exterior Details
Ownership: Condo
Exterior Building Type: Brick
Age: 41-50 Years
Rebuilt(Y/N): No
Parcel Number: 0522138026
Property Type: Residential
Year Built: 1974
No Disability Access
Special Conditions: None
Lot Size Dimensions: COMMON
Water Source: Lake Michigan, Public
Financial Details
Tax Year: 2020
Tax Annual Amount: $2,637
Tax Exemptions: None
Utilities Details
Cooling: Window/Wall Units - 2
Heating: Electric
Sewer : Public Sewer
Location Details
Township: Milton
Corporate Limits: W
Directions: Route 38 to Lorraine, go south to Chateau Lorraine
County or Parish: Du Page
Elementary School District: 200
Middle Or Junior School District: 200
High School District: 200
Other Details
Association Fee Includes: Heat, Water, Security, Exterior Maintenance, Snow Removal
Association Fee: $285
Association Fee Freq: Monthly
Holds Earnest Money: Yes
Some Photos Virtually Staged (Y/N): No
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/21/2025
|
2 Bed
|
2 Bath
|
1100 ft²
|
$215,000
2 Bed
2 Bath
1100 ft²
|
$215,000
09/30/2025
|
KEN ALBERT
Keller Williams - Downers Grove / Hinsdale
| |
|
01/03/2023
|
2 Bed
|
2 Bath
|
1110 ft²
|
$175,000
2 Bed
2 Bath
1110 ft²
|
$172,500
-1.43%
02/27/2023
|
Annamarie Moise
Keller Williams Premiere Properties
| |
|
03/18/2022
|
2 Bed
|
2 Bath
|
1043 ft²
|
$159,500
2 Bed
2 Bath
1043 ft²
|
$155,000
-2.82%
04/26/2022
|
Albert Sung Voom
Stone Realty Inc.
| |
|
03/18/2022
|
1 Bed
|
1 Bath
|
840 ft²
|
$129,000
1 Bed
1 Bath
840 ft²
|
$130,000
+0.78%
05/17/2022
|
Jennifer Bennett
REMAX Excels
|
Building Info
About Wheaton
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Listed by: Jennifer Bennett, RE/MAX Excels
Last Updated: 3 years ago
Data Source: MRED, MLS# 11350888
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Last Updated: 3 years ago
Data Source: MRED, MLS# 11350888
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